+1, I know rbaggio is talking about KJC. They told me they had 1 tonne coming in from Perth Mint. I'm expecting to pickup some bars next week. Mind you I ordered these last month around the 10th. Slam
So at first I thought you had done a typo on the 10,000 oz bars. Must have meant 1000 oz bars. Then I saw the 27 million 10 oz bars, and lolled You're obviously taking the piss.
Just checked APMEX, it seems that they still have some silver there. Checked section for gold, and its aint looking as good as silver.
As mentioned on zerohedge.... Here in Canada, Scotia Mocatta only has 1 oz maples and timber wolves left...everything else in silver is "sold out"....the Scotia Mocatta Estore only sells to Canadians and we only have 30 million sheeple in our country... most of which have no clue that silver can be used for more than just making fancy forks and spoons. The few that were in the know managed to clean them out. https://www.scotiamocatta-estore.sc...=pprbihlm92sPEsG3SAczPxXStbR43vSOzQZJCMimV30= Supplies are definitely getting tighter.
This would have to be one of the funniest articles I've read for a while... This guy has no clue when it comes to precious metals. http://www.marketoracle.co.uk/Article25984.html
Personally, I liked the bit about how dealers buy gold and then sell it as a good explanation for why gold isn't worth having. Apparently dealers should buy gold and hold on to it. I wonder if the same logic should apply to stock brokers. I mean, they buy stocks and then sell them so clearly there is absolutely no value in stocks whatsoever. Idiot.
Gold is one if the best definitions of a commodity with it's own intrinsic value in existance. Either the writer was a complete moron, or the quote was a deliberate misinformation attempt.
I'd better follow that poor article with a decent article, someone that knows what they are talking about... http://www.kitco.com/ind/Blasi/jan312011.html
It does have some food for thought. It is good to read different perspectives. He is on the ball the with regard to corporate controlled media and fascism in america. There ARE people pushing the gold bandwagon for their own benefit presenting themselves as the typical "GURU" running around making books, seminars etc some of whom I have heard praised highly around here. He is assuming the continuation of an oil-dollar link through the military power of the US while people who buy physical gold are assuming a decline of the oil-dollar link due to geopolitical shifts. The trade of commodities in US dollar is what keeps faith in the intrinsically worthless fiat which is kept in place at the threat of 11 carrier battle groups.
This was a great read. Certainly has plenty of food for though. We shouldnt judge everything a person has to say just because we disagree with one thing. I often worry about the echo chamber effect of the PM crowd, and whether there is balance in the message I'm getting. So many people have called the coming collapse, but have so far got the timing really wrong. We shouldn't be too quick to dismiss. I like his comment, "don't bet against the Fed" . They make the money and the rules.
Oh yeah I completely forgot about that, I was recently taking apart my sister's old laptop to get some gold out of it. How silly of me to forget :lol:
How much gold is in computers? is it worth the labor of finding old computers and pulling them apart?
I did some research on this and the answers is yes... and no. Yes it is worth pulling them apart and stacking the components and on the converse side no it is not yet profitable to refine what you have pulled apart.... but sooner then later the last bit will be outdated
